Apple, China Met to Discuss Beijing's Crackdown on Western Apps
Portfolio Pulse from Charles Gross
Apple Inc. has reportedly met with Chinese regulators to discuss Beijing's crackdown on Western apps. The meeting comes amid increasing scrutiny of foreign tech companies in China.
September 29, 2023 | 9:09 am
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NEGATIVE IMPACT
Apple's meeting with Chinese regulators could potentially impact its operations and market share in China.
Apple's operations in China could be affected by the increased scrutiny and regulatory pressure. This could potentially impact its market share and revenues in the region.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The iShares China Large-Cap ETF (FXI) could be indirectly affected by the regulatory actions in China.
The regulatory actions in China could potentially impact the performance of large-cap Chinese companies, which in turn could affect the performance of the FXI ETF.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60